SAFE simplifies foreign exchange procedures for foreign trade enterprises

Data security risk assessments are required for data processing activities by key data and core data handlers in the industry and information technology sector. Requirements applicable to AI service providers in respect of the security of data sources are set forth. The shareholders of a listed company may not lend shares through refinancing or short sell shares of the company during the lockup period.

Shanghai FTZ elaborates on the general data of the public fund sector

Fang Jianwei, Lv Chao and Yuan Chenhao of Zhong Lun Law Firm in Shanghai explain the background and impact – including on multinational companies – of a set of new rules governing the local production of imported drugs

Western companies are investing in Chinese biotech even amid continued geopolitical tension between China and the West and decreasing appetite for foreign investment in China; Two lithium battery part manufacturers, Capchem and Kedaliplan, plan to build factories in the U.S. to avoid hefty lithium battery tariffs; and Chinese pharma firm Asymchem to take over U.K. Pfizer plant.

Lingang Special Area of the Shanghai FTZ elaborates on the general data of the biomedical, intelligent connected vehicle and public fund sectors

Shanghai specifies record filing procedures for AI services

The release of goods and determination of customs duty amounts may be carried out separately

The People's Court Case Repository is made available to the general public